$CHZ Buyers are regaining short-term momentum. A breakout above the current price level could trigger the next bullish leg.
Long CHZ Trading Plan (20x)
Entry: 0.0331 – 0.0334
SL: 0.0324
TP1: 0.0346
TP2: 0.0355
CHZ is showing buyers regaining short-term momentum. The 0.0331 – 0.0334 zone is acting as support, and a breakout above this level could trigger the next bullish leg. The smaller timeframe structure is improving.
The stop loss is placed below 0.0324, a relatively clean area. If this level is breached, the long scenario will be invalidated.
Step-by-step targets: 0.0346 → 0.0355. The take-profit (TP) levels are quite far apart (~3-4% from entry), so be patient and take profits gradually.
The distance from entry to stop loss (SL) is quite close (~2.1-2.9%). Suitable for a short-term long position. Enter small positions and set stop losses correctly.
Buyers are regaining momentum, will there be a breakout? Have you entered yet? Comment to discuss! 🚀